Common use of Profit Sharing Clause in Contracts

Profit Sharing. The Executive shall not be entitled to participate in any profit sharing program of Employer, unless otherwise determined by Ultrak's CEO and/or Board of Directors, from time to time.

Profit Sharing. The Executive shall not be entitled to participate in any profit sharing program of the Employer, unless otherwise determined by Ultrak's the CEO and/or the Board of DirectorsDirectors of the Parent (the "BOARD"), from time to time.